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Manhattan / Murray Hill-Kips Bay / 10016

271 LEXINGTON AVENUE

Boro1
Block891
Lot66
BBL1008910066
Class D4
Residential units
74
Units in total
77
Storeys
12
Year built
1924
Last alteration on file
1984
Recorded transfers
78 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
19 Mar 2026$725,0008DESINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Mar 2026$890,0004ASINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Nov 2025$490,0002FSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Oct 2025$545,0003CSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Sep 2025$560,0007GSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Jun 2025$520,0002CSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Mar 2025$1,350,0008BSINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Jan 2025$535,0003GSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Dec 2024$450,0003DSINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Oct 2024$475,5009FSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Jul 2024$1,800,000PHSINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Jul 2024$942,50010DESINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Jul 2024$250,0002ESINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Mar 2024$425,0004FSINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Feb 2024$1,395,0006AGSINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Aug 2023$475,0007FSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Apr 2023$510,00010GSINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Feb 2023$335,0004ESINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Jul 2022$570,0006FSINGLE RESIDENTIAL COOP UNITRPTT&RET
26 May 2022$530,0003CSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 May 2022$625,0009GSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Apr 2022$250,00010ESINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Mar 2022$900,0001FGSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Dec 2021$565,0007CSINGLE RESIDENTIAL COOP UNITRPTT&RET
2 Nov 2021$325,0007ESINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Mar 2021$428,0006DSINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Mar 2021$300,0006ESINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Dec 2020$283,5005ESINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Jul 2019$525,0001BSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Jul 2018$1,550,0006AGSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Dec 2017$645,0009FSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Jun 2017$999,99911DESINGLE RESIDENTIAL COOP UNITRPTT&RET
4 May 2017$625,0009FSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Dec 2016$535,0001DSINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Oct 2016$628,0009HSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Oct 2016$660,00010GSINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Sep 2016$635,00010FSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Mar 2016$565,0003DSINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Oct 2015$550,0002FSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Aug 2015$600,0001CSINGLE RESIDENTIAL COOP UNITRPTT&RET
78 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.

By year

YearTransfersMedian recordedLowestHighest
20262$807,500$725,000$890,000
20256$540,000$490,000$1,350,000
20247$475,500$250,000$1,800,000
20233$475,000$335,000$510,000
20225$570,000$250,000$900,000
20214$376,500$300,000$565,000
20201$283,500--
20191$525,000--
20181$1,550,000--
20173$645,000$625,000$999,999
20165$628,000$535,000$660,000
20156$575,000$287,500$800,000
20143$880,000$867,000$1,200,000
20134$556,000$251,000$1,245,000
20122$617,500$390,000$845,000
20115$425,000$178,000$977,750
20103$485,000$475,000$625,000
20091$635,000--
20083$912,000$665,000$1,250,000
20076$599,500$10$798,000
20062$474,500$450,000$499,000
20052$470,000$425,000$515,000
20043$610,000$420,250$655,000
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 7,798 SQ FT12
Drawn from PLUTO: 12 storeys, 72,659 sq ft of building on 7,798 sq ft of lot, an average floor plate covering 78% of it. The dashed outline is the difference between the floor area ratio already built (9.32) and the residential floor area ratio of the zoning district (10). It is a diagram of recorded figures, not a picture of the building.
Lot area
7,798 sq ft
Building area
72,659 sq ft
Residential area
71,159 sq ft
Commercial area
1,500 sq ft
Office area
1,500 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
9.32
Residential FAR permitted
10
Zoning district
R10
03

Assessment

Assessed land value
$891,000
Assessed total value
$8,964,450
Exempt value
$138,246
Assessed per residential unit
$121,141

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D4ELEVATOR COOPERATIVE
Neighbourhood
Murray Hill-Kips Bay
ZIP code
10016
Community district
Manhattan 6
Council district
4
Coordinates
40.747402, -73.978649
05

Other buildings in Murray Hill-Kips Bay

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
333 EAST 30 STREETRM1,1171962733$795k
500 2 AVENUED689419751-
235 EAST 42 STREETD688419600-
330 EAST 38 STREETRM8301989858$1.17m
1 TUDOR CITY PLACED47991930634$320k
151 EAST 31 STREETD670919880-
300 EAST 40 STREETRM5861967475$765k
219 EAST 42 STREETD656119050-
685 FIRST AVENUERM5562016151$2.41m
330 EAST 39 STREETD651019800-
630 1 AVENUERM4841984427$875k
222 EAST 34 STREETD848020020-

Every building on file in Murray Hill-Kips Bay